Nvidia plunges but tech shares rebound, oil prices slump
Technology share prices clawed back some of last week's sharp losses on Monday, though gains were tempered by a plunge in Nvidia following a probe into its boss Jensen Huang over claims of an affair with an alleged Chinese spy.
Nintendo discontinues handheld 3DS device
Nintendo has discontinued its handheld 3DS video game systems after nearly a decade. The gaming giant quietly announced on its Japanese and UK websites that it stopped producing all 3DS devices. The company has also apparently removed references to the dual-screen console from its American website. The revelation came as Nintendo focuses on its Switch console, which can be played […]
TikTok, Oracle face several hurdles to keep afloat
TikTok has found a dance partner to keep it going in the US, but it has to convince the feds not to let the deal flop. American software firm Oracle said it would become the “trusted technology provider” for ByteDance — the Chinese tech giant behind the popular app known for its viral dance videos […]
Spotify blasts Apple’s all-inclusive bundle as anti-competitive
Streaming music firm Spotify Technology on Tuesday criticised rival Apple, saying that a new subscription bundle offer from the iPhone maker abuses its dominant market position by favouring its own Apple Music service. Spotify said the Apple One bundle announced on Tuesday disadvantages streaming music rivals. Spotify and Apple charge US$10/month for their streaming music […]
Bill Gates touts Pfizer’s vaccine as most likely to get emergency approval
Bill Gates says Pfizer has the best chance of seeking emergency approval for a coronavirus vaccine by next month even though he thinks such an aggressive timeline is unlikely. “The only vaccine that if everything went perfectly, might seek the emergency use license by the end of October, would be Pfizer,” the billionaire tech tycoon-turned-philanthropist […]
PLAYSTATION 5: Rumoured production cuts dips Sony shares
Investors sent shares of PlayStation maker Sony down on Tuesday amid reports that it’s cutting production of its new console by 4 million. The Japanese gaming giant’s stock fell as much as 2.3 per cent in early morning trading after Bloomberg reported that Sony had to reduce its outlook due to issues with the high-tech […]
